Looking for visibility (TT Dec06 p25-27)

The Treasurer December 2006

As banks gear up for SEPA’s introduction in 2008, the pressure is on to develop compliant products and processes. Banks must move more quickly with their development of SEPA migration plans and instruments. Technology companies estimate that the cost to a corporate of establishing a SEPA processing system is somewhere between €500,000 and €1m.

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